The value added method used in measuring national income ...
The value added method used in measuring national income is to
Measure output at factor cost
Avoid multiple counting of output
Deduct depreciation of capital assets
Add net factor income from abroad
Correct answer is D
By adding to its net factor income from abroad, we get NNPFC which is called national income.
Public finance is basically an analysis of the ...
At a co-efficient of price elasticity of supply of 0.5, supply is ...
Favourable terms of trade is important to a country because it facilitates ...
Which of these does not encourage industrial development? ...
In the national income and product accounts, double counting is avoided if ...
To which of the following sectors do services belong? ...
The term of trade can be expressed as ...
Malthus observed in his theory that population was growing ...
A significant effect of the growth of the oil sector in Nigeria has been to ...
One of the causes of the present high rate of inflation in Nigeria is ...